Iowa § 573.3 Bond mandatory

Iowa Statutes

§ 573.3 — Bond mandatory

Iowa § 573.3

Title XIVPROPERTY

Ch. 573LABOR AND MATERIAL ON PUBLIC IMPROVEMENTS

This text of Iowa § 573.3 (Bond mandatory) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 573.3 (2026).

Text

1.The obligation of the public corporation to require, and the contractor to execute and deliver said bond, shall not be limited or avoided by contract.

2.A public corporation, with respect to a public improvement which is or has been competitively bid or negotiated, shall not require a contractor to procure a bond, as required under section 573.2, from a particular insurance or surety company, agent, or broker.

Free access — add to your briefcase to read the full text and ask questions with AI

1. The obligation of the public corporation to require, and the contractor to execute and
deliver said bond, shall not be limited or avoided by contract.
2. A public corporation, with respect to a public improvement which is or has been
competitively bid or negotiated, shall not require a contractor to procure a bond, as required
under section 573.2, from a particular insurance or surety company, agent, or broker.